Outstanding Recoveries
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Verdicts & Settlements
Since Milberg’s founding in 1965, the firm has recovered more than $50 billion for our clients while prompting meaningful changes in corporate governance.
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See More$4 Billion Settlement – Prudential Insurance Co. Sales Practice Litigation
In re Prudential Insurance Co. Sales Practice Litigation, No. 95-4704 (D.N.J.)Serving as Lead Counsel, Milberg recovered more than $4 billion for certain policyholders in this landmark case challenging Prudential’s insurance sales practices. -
See More$180 Million Settlement – Blessing v. Sirius XM Radio, Inc.
In re Blessing v. Sirius XM Radio, Inc., No. 09-10035 (S.D.N.Y.)This antitrust case stemmed from the 2008 merger of Sirius Satellite Radio, Inc. and XM Satellite Holdings, Inc. that created Sirius XM, the nation’s only satellite radio company. The plaintiffs alleged that the merger of the only two U.S. satellite radio providers was an illegal move to eliminate competition and monopolize the satellite radio market. Milberg achieved a settlement for the class valued at $180 million. -
See More$200 Million Settlement – CMS Energy Corp. Securities Litigation
In re CMS Energy Corp. Securities Litigation, No. 02-72004 (E.D. Mich.)Milberg served as Co-Lead Counsel for the class in this securities fraud case arising out of CMS Energy’s alleged “round-trip” trading practices. The court approved a cash settlement of more than $200 million. -
See More$178.6 Million Settlement – AK Steel ERISA Class Action
Merkner et al. v. AK Steel Corp., No. 09-423 (S.D. Ohio)Milberg attorneys were part of a team that won a $178.6 million class action settlement for a class of retired workers of the AK Steel Butler Works Plant. Retirees claimed that AK Steel negotiated to reduce their medical benefits without their consent, in violation of the Employee Retirement Income Security Act (ERISA). -
See More$15.3 Million Settlement – Upright Builders, Inc. v. Town of Apex
Upright Builders, Inc. v. Town of Apex, Wake Co. File No. 18-CVS-3720 (NC)$15.3 million class settlement on behalf of developers and home builders for illegally charged water and sewer capacity replacement fees and transportation fees.
